#ARB $ARB

Arbitrum (ARB) Analysis & Prediction

📉 Current Price: $0.34

🧭 Trend: Strong downtrend, oversold zone

📊 Sentiment: Bearish but possible bounce

🔍 Technical Overview:

Resistance: $0.42 (short-term resistance)

Support: $0.30 (last swing low)

RSI: Near 30 – possible relief bounce

📈 Bullish Break Point:

A breakout above $0.42 with volume → Could retest $0.50–$0.55

📉 Bearish Break Point:

If ARB loses $0.30 → Next support is $0.25

🧠 Prediction:

ARB is in a heavy correction phase. Short-term bounce possible if BTC stabilizes, but recovery needs strong ecosystem news or user adoption to sustain a rally.

📢 Disclaimer: This analysis is for informational purposes only and not financial advice. Do your own research before investing.